US Insurance Arizona Test 3

Insurance » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

Insurance — Test 3 (Arizona) Professional (Insurance, USA) USA — Arizona State Insurance License — USA

What is this test? for Insurance (Property/Casualty, Life/Health) license, USA — Professional (Insurance, USA) level, USA — Arizona.
For adults preparing for Insurance license in the USA
Section: Insurance — Test 3 (Arizona) · Education: Professional (Adult) · Part: Insurance — Test 3 (Arizona) · Country: USA · Region: USA — Arizona

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is comprehensive coverage?

A) liability

B) non-crash damage (theft, hail)

C) collision

D) health

Question 2

What is a premium?

A) claim payout

B) regular insurance payment

C) copay

D) deductible

Question 3

What is term life insurance?

A) coverage for a set period

B) no expiry

C) investment

D) lifetime

Question 4

What is a deductible?

A) copay

B) monthly bill

C) amount paid before coverage

D) payout

Question 5

What is a copay?

A) fixed visit fee

B) premium

C) deductible

D) payout

Question 6

What is liability coverage?

A) theft of yours

B) your car repairs

C) pays others' damage you cause

D) medical for you

Question 7

What is collision coverage?

A) flood

B) theft

C) liability

D) your car crash repairs

Question 8

What is whole life insurance?

A) no payout

B) lifetime plus cash value

C) term only

D) yearly

Question 9

What is a beneficiary?

A) lender

B) person receiving payout

C) agent

D) adjuster

Question 10

What is underwriting?

A) selling

B) risk assessment for policies

C) claim filing

D) canceling

Question 11

What is an exclusion?

A) what policy does NOT cover

B) covered item

C) deductible

D) premium

Question 12

What is a rider?

A) basic policy

B) added coverage option

C) cancel

D) claim

Question 13

What is coinsurance?

A) shared percent after deductible

B) full coverage

C) copay

D) premium

Question 14

What is an out-of-pocket max?

A) unlimited

B) yearly payment ceiling

C) deductible

D) premium

Question 15

What is HMO?

A) no referrals

B) PPO

C) any doctor

D) network HMO care plan

Question 16

What is PPO?

A) HMO only

B) flexible network plan

C) no coverage

D) free care

Question 17

What is flood insurance?

A) separate NFIP policy

B) no need

C) auto covers

D) homeowners covers

Question 18

What is an adjuster?

A) assesses claim payouts

B) sells policies

C) cancels

D) collects premiums

Question 19

What is subrogation?

A) refunding

B) canceling

C) insurer recovering from at-fault party

D) doubling payout

Question 20

What is actual cash value?

A) new price

B) replacement minus depreciation

C) purchase price

D) agreed value

US Insurance Arizona Test 3

Test Complete

About This Test